American Software (AMSWA) Tops Q3 EPS by 4c

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Go back to American Software (AMSWA) Tops Q3 EPS by 4c

American Software Reports Third Quarter of Fiscal Year 2022 Results

February 23, 2022 4:05 PM EST

Double-Digit Revenue Growth Driven by Continued Strong Growth in Subscription Fees

ATLANTA--(BUSINESS WIRE)-- American Software, Inc. (NASDAQ: AMSWA) today reported preliminary financial results for the third quarter of fiscal year 2022.

Key Third Quarter Financial Highlights:

Subscription fees were $10.9 million for the quarter ended January 31, 2022, a 45% increase compared to $7.5 million for the same period last year and software license revenues were up 87% to $1.0 million compared to $0.5 million for the same period last year. Cloud Services Annual Contract Value (ACV) increased... More